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American Tower to buy wireless tower sites in Mexico The Boston Globe 12/12/11 Share    
American Tower Corp., a Boston-based owner and operator of broadcast and wireless communications sites, said it has agreed to buy up to about 2,500 towers from Telefónica's Mexican subsidiary, Pegaso PCS, S.A. de C.V., for $500 million, excluding value added tax. The acquisition, which is subject to regulatory approval, would nearly double the company's portfolio in Mexico, James Taiclet, chairman, president, and chief executive of American Tower, said in a press release. The company added that it expects to acquire a substantial majority of the towers during the fourth quarter. More Dish Network seeks to partner with T-Mobile USA if AT&T acquisition fails Bloomberg 12/12/11 3:53 p.m. CST Share
Dish Network Corp. (DISH), the second largest U.S. satellite-TV provider, may partner with T-Mobile USA if AT&T Inc.'s takeover bid fails, Chief Executive Officer Joseph Clayton said in an interview. Dish, which acquired wireless spectrum earlier this year as part of deals for bankrupt DBSD North America Inc. and Terrestar Networks Inc., could merge the spectrum assets with T-Mobile or another wireless company to create a strengthened competitor to AT&T and Verizon Wireless, said Clayton. T-Mobile needs additional spectrum to offer higher-speed wireless service for smartphones such as Apple Inc.'s iPhone. More
Clearwire closing in on the magic LTE investment number Gigaom 12/12/11 4:38 p.m. PST Share
Clearwire's financial announcement Monday morning seemed innocuous enough: The underwriters of its $350 million stock offering are exercising an option to purchase another $52.5 million in shares. That's hardly big money in the world of telecom finance, but what the release doesn't tell you is that with the option, the value of Clearwire's public offering now breaks the $400 million mark. And $400 million is the magic equity number that triggers a big investment by Sprint and marks the beginning of Clearwire's LTE rollout. More AT&T's 4G LTE spotted in Los Angeles CNET 12/10/11 10:01 p.m. PST Share
More than a day after it surfaced in San Francisco, AT&T's 4G LTE network now seems to be available in the Los Angeles area, as well. CNET editor Jessica Dolcourt noticed the 4G LTE icon on her phone in the City of Angels just about an hour ago. A quick speed test with the Speedtest.net app showed that she got download speeds of around 15Mbps and upload speeds of some 7Mbps. More
Tablet users increasingly favor Wi-Fi over cellular connections FierceWireless 12/12/11 10:45 a.m. EST Share
U.S. tablet users are selecting Wi-Fi connectivity over a cellular data connection even more than they were six months ago, according to a new report from the NPD Group. The findings underscore wireless carriers' inability so far to entice large numbers of tablet customers to their data plans. According to a new NPD report by the research firm's Connected Intelligence unit, 65 percent of U.S. tablet buyers only connect via Wi-Fi, up from 60 percent in April. Interestingly, the firm in April reported that 5 percent of users planned to upgrade their Wi-Fi connections with cellular connections, but those plans appear to have been scrapped during the intervening six months. More NTSB recommends full ban on use of cell phones while driving CNN 12/14/11 7:01 a.m. EST Share
A federal safety board called Tuesday for a nationwide ban on the use of cell phones and text messaging devices while driving. The recommendation is the most far-reaching yet by the National Transportation Safety Board, which in the past 10 years has increasingly sought to limit the use of portable electronic devices -- recommending bans for novice drivers, school bus drivers and commercial truckers. Tuesday's recommendation, if adopted by states, would outlaw non-emergency phone calls and texting by operators of every vehicle on the road. More |
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